Hanjin Shipping filed for U.S. bankruptcy protection: WSJ

SEOUL (Reuters) - Troubled container shipper Hanjin Shipping Co Ltd <117930.KS> has filed for bankruptcy in the United States to protect its vessels from being seized by creditors, the Wall Street Journal reported, citing a filing by the South Korean firm.

The Wall Street Journal, in a report dated Sunday, said Hanjin filed for protection under chapter 15 on Friday to a court in New Jersey. Hanjin filed for court receivership on Wednesday after its creditor banks decided to end financial support for South Korea's top container shipper.